The article highlights the mobility difficulties faced by Congolese parliamentarians due to the lack of available planes. The suspension of Congo Airways activities has exacerbated this situation, highlighting the need to invest in airport infrastructure and improve the quality of air transport services. This issue affects not only political representation, but also the mobility of Congolese citizens throughout the country. Sustainable solutions must be found to guarantee fair representation and facilitate the movement of the population.
Category: Ecology
The inauguration of the Kinshasa Financial Center, scheduled for December 2, 2023, marks a major event in the economic development of the Democratic Republic of Congo. Funded to the tune of $290 million by the Turkish government, this ambitious project symbolizes cooperation between the two countries. It includes the construction of six buildings, including a luxury hotel, as well as a spectacular 3,000 m2 fountain, the largest in Central Africa. The transversal management of the Financial Center will allow the Democratic Republic of Congo to benefit from the cash flows generated, thus strengthening its financial sector and creating new employment opportunities.
The government of the Democratic Republic of Congo borrowed 15.70 billion Congolese Francs on the local financial market of indexed Treasury Bonds. This operation aims to repay a debt owed to the Central Bank of Congo and contributes to strengthening the financial and economic stability of the country.
The national aviation company Congo Airways is preparing to resume its activities quickly after a temporary interruption. Following an emergency meeting with the Prime Minister and the Minister of Transport, urgent solutions are being sought to revive the company. Congo Airways wishes to acquire two leased aircraft in order to improve the safety and continuity of its operations. This revival is a positive signal for the Congolese airline industry and the country’s economy. It is important to closely monitor the developments of this recovery to ensure connectivity and facilitate travel.
The first financial center in the Democratic Republic of Congo, under construction in Kinshasa, reached an execution rate of 70% in just 11 months. This project, pre-financed by Turkey for $290 million, will include ministries, banks, offices, conference rooms, a fountain and green spaces. In addition to this financial center, the Turkish company Milvest is involved in other major projects in the DRC, such as the modernization of N’djili airport and the construction of a cable car in Kinshasa. These initiatives demonstrate Turkey’s commitment to the development of Congolese infrastructure.
The renovation of the Nzolana road, financed by Sicomines as part of the Sino-Congolese program, is welcomed by the Minister of State for Infrastructure and Public Works in the DRC. This project aims to open up certain neighborhoods in the commune of Ngaliema in Kinshasa. The minister said he was satisfied with the progress and quality of the work carried out. Once completed, this project will improve travel conditions and promote economic development and the well-being of the local population. It demonstrates the cooperation between the DRC and China for the development of infrastructure in the country.
The airline Congo Airways has announced the temporary suspension of its activities for maintenance and safety reasons. With only two planes in service, the company faces costly-to-repair engine problems. Congo Airways plans to lease additional aircraft while awaiting funds to purchase new engines. A recovery plan of more than $33 million has been developed to revive the company’s activity, starting with domestic flights and then expanding its destinations to Europe and the Middle East. Congo Airways remains optimistic about its future, despite current financial difficulties.
The President of the DRC, Félix Tshisekedi, discussed cooperation between his country and Israel with the Israeli Ambassador, Shimon Solomon. Agriculture was a key point of the discussion, as Israel wants to share its expertise in this area with the DRC. Israel has developed advanced technological solutions in the field of agriculture despite its desert environment, which could benefit the DRC and improve its agricultural productivity. Additionally, the ambassador expressed interest in encouraging Israeli companies to set up operations in the DRC, which could boost the Congolese economy and create strategic partnerships in various sectors. It now remains to materialize these discussions with concrete projects for the development of the two countries.
This article examines the vehicle fire situation in the North Kivu and Ituri regions of the Democratic Republic of Congo. Economic operators denounce this growing insecurity on the roads, which compromises trade. They are calling for urgent measures to rehabilitate damaged roads and secure the region. Attacks by armed groups have set fire to more than a hundred vehicles since the start of the year. Economic operators are proposing the resumption of military escort, the increase in military personnel and the reopening of traffic on certain roads to facilitate trade. Road rehabilitation and regular maintenance are also necessary to ensure their passability. By taking these measures, it is possible to create an environment conducive to trade and improve the security situation in these regions.
The economic forum between the DRC and Angola being held in Kinshasa represents a valuable opportunity to strengthen economic ties between the two neighboring countries. This two-day event focuses on the free movement of people and capital, the fight against fraud and cross-border smuggling, as well as the development of transport infrastructure and communication routes. This meeting, politically supported by Presidents Félix Tshisekedi and Joao Lourenço, raises high expectations and offers promising prospects for the economic development of the two nations. Participants, whether economic players, businessmen or government representatives, will have the opportunity to create partnerships and stimulate bilateral investments. This forum sends a strong signal of the desire of the two countries to work together to promote economic growth, regional integration and stability in the region. In short, this meeting is of capital importance for the strengthening of economic and political relations between the DRC and Angola, opening the way to new opportunities for cooperation and development.